Saturday, December 6, 2008

Meadowhall Shopping Centre in Sheffield to be Sold

Mid East group 'to buy half' of Meadowhall
Yorkshire Post, UK
AN Abu Dhabi backed property company is reportedly the front- runner to buy a large stake in the Meadowhall shopping centre in Sheffield.
Meadowhall's parent company British Land has restarted talks to sell around a half of the £1.4bn flagship shopping centre to London & Stamford, a listed property opportunity fund backed by an unnamed Abu Dhabi sovereign wealth fund, according to a report in the Financial Times.

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